Research and Development
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Influencing Innovation: Government’s Role in Subsidizing R&D
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Firms often underinvest in research and development (R&D) when there is no government intervention. There are many uncertainties and risks that discourage firms from investing in R&D, which slows the pace of innovation. To address this problem, governments can provide firms with subsidies to incentivize new product creation or improve…
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Do Democrats Always Spend More on Science Funding?
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Contrary to popular perceptions, Democrats do not always spend more than Republicans on R&D.
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The US Manufacturing Industry’s Global Fight
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A new study confirms a resurgence of the US manufacturing industry in the last five years, primarily driven by a reduction in labor costs, depreciation of the US dollar, and reduction in domestic energy prices.
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Manufacturing Matters
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American manufacturing is experiencing a renaissance, and strong policy support is crucial.
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Setting Priorities: What Research is Worth Funding?
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Kei Koizumi from the White House Office of Science and Technology Policy discusses how his office thinks about R&D funding in a time of budget cuts and economic uncertainty.
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Pirating for Innovation
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Are content providers pulling the wool over our eyes? Is piracy actually good for innovation?